The following has been published:
The number of requests for information on taxpayers that HMRC has sent to foreign governments to help with its investigations into UK tax evasion totalled 490 in 2013, says Pinsent Masons, the international law firm.
Finance Bill 2015 was published on Tuesday 24 March. The Bill contains 127 clauses, 21 Schedules and runs to 340 pages.
The Treasury has published its proposed next steps on tackling evasion and avoidance. James Bullock (Pinsent Masons) reviews the detail.
In response to criticism by the House of Lords Select Committee on personal service companies, HMRC has issued a report (see www.bit.ly/1xeS2XO) justifying the IR35 legislation, saying that the cost of its abolition would be £550m and that if the anti-avoid
HM Treasury has extended its consultation (see www.bit.ly/1CuWuUj) on the rules underlying the taxation of travel and subsistence expenses.
Tax-geared penalties
The meaning of ‘site’ for the aggregate levy
The case of Terrace Hill (Berkeley) Ltd provides a further insight into the distinction between trading and investment.
OUR PICK OF THIS WEEK'S CASES
Setting off losses on a trade succession